On July 17, 2018, AFR Policy Director Marcus Stanley offered testimony at a hearing entitled “Examining Capital Regimes for Financial Institutions,” before the Financial Institutions and Consumer Credit Subcommittee of the House Financial Services Committee.
On July 17, 2018, Americans for Financial Reform and the AFL-CIO sent a letter to Congress recommending a vote in opposition to S. 488 (the “JOBS and Investor Confidence Act of 2018”), which was being considered on the House floor under suspension of the rules. This legislation does contain several positive elements, and we also
Americans for Financial Reform sent a letter to the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation commenting on a proposal to phase-in the regulatory capital effects of implementing the new Current Expected Credit Losses (CECL) accounting methodology. Click here to
View or download PDF version of the letter. July 11, 2018 Dear Representative: On behalf of Americans for Financial Reform (AFR) and the Consumer Federation of America (CFA), we are writing to oppose four of the bills under consideration at today’s markup, HR 3555, HR 6021, HR 6177, and the “Expanding Investment in Small
Americans for Financial Reform sent a letter to the House of Representatives urging members to oppose the harmful financial deregulation in HR 5877 and HR 4537.
Americans for Financial Reform sent a letter to the Federal Reserve Board of Governors and the Office of the Comptroller of the Currency to comment on a proposal that would reduce the minimum leverage ratio requirements for the largest U.S. banks. Click here to access a PDF version of the letter.